Trading strategy and intraday tips -Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 3 May 2011

Reliance

Today, 990 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 990 is crucial for short term. Positional Traders, trade long above 995 for a target of 1005. Trade short below 990 for a target of 955.

SBI

Today, 2680 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 2680 is crucial for short term. Positional Traders, trade long above 2680, for a target of 2730. Trade short below 2680 for a target of 2600.

Axis Bank

Today, 1260 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 1260 is crucial for short term. Positional Traders, trade long above 1260, for a target of 1320. Trade short below 1260 for a target of 1200.

Icici Bank

Today, 1090 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 1090 is crucial for short term. Positional Traders, trade long above 1090 for a target of 1135. Trade short below 1090 for a target of 1040.

Tata Steel

Today, 620 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 620 is crucial for short term. Positional Traders, trade long above 620, for a target of 635. Trade short below 620 for a target of 600.